Company Valuation: Rocket Lab Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,516 1,784 2,687 12,733 37,263 42,167 - -
Change - -67.66% 50.6% 373.87% 192.65% 13.16% - -
Enterprise Value (EV) 1 4,925 1,679 2,563 12,730 36,688 40,241 40,658 40,605
Change - -65.91% 52.65% 396.74% 188.2% 9.68% 1.04% -0.13%
P/E -21.9x -13x -14.6x -67x -189x -257x -807x 497x
PBR 7.91x 2.66x 4.88x 33x 21.5x 12.8x 16.2x 17.4x
PEG - 0.3x -0.5x - 71.82x 9.9x 11.8x -2x
Capitalization / Revenue 88.6x 8.46x 11x 29.2x 61.9x 43.8x 30.9x 23.8x
EV / Revenue 79.1x 7.96x 10.5x 29.2x 61x 41.8x 29.8x 22.9x
EV / EBITDA -112x -43.6x -28.2x -131x -363x -776x 385x 147x
EV / EBIT -93.3x -29.9x -23.7x -108x -288x -427x 6,583x 168x
EV / FCF -50.5x -11.3x -16.7x -110x -114x -183x -2,909x 1,173x
FCF Yield -1.98% -8.87% -5.99% -0.91% -0.88% -0.55% -0.03% 0.09%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.56 -0.29 -0.38 -0.38 -0.37 -0.2738 -0.0873 0.1417
Distribution rate - - - - - - - -
Net sales 1 62.24 211 244.6 436.2 601.8 962.3 1,363 1,770
EBITDA 1 -43.89 -38.52 -90.86 -96.94 -101.2 -51.84 105.6 275.8
EBIT 1 -52.78 -56.18 -108.1 -118.4 -127.4 -94.27 6.176 242.1
Net income 1 -117.8 -135.9 -182.6 -190.2 -198.2 -170.7 -63.09 82.7
Net Debt 1 -590.8 -105.3 -124.2 -2.534 -574.7 -1,927 -1,509 -1,562
Reference price 2 12.28 3.77 5.53 25.47 69.76 70.46 70.46 70.46
Nbr of stocks (in thousands) 449,205 473,257 485,887 499,911 534,156 598,460 - -
Announcement Date 28/02/22 28/02/23 27/02/24 27/02/25 26/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
36.05x6.62x27.73x0.58% 324B
30.67x2.87x17.05x1.54% 249B
24.97x1.65x12.31x1.84% 165B
34.72x5.05x21.22x0.98% 161B
32.75x3.59x16.28x1.26% 153B
-708.45x1.78x40.29x-.--% 152B
16.58x1.61x11.61x2.77% 117B
41.47x9.35x29x0.23% 91.08B
19.58x1.66x13.6x1.9% 89.88B
Average -52.41x 3.80x 21.01x 1.23% 166.94B
Weighted average by Cap. -44.01x 3.97x 21.65x 1.16%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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  5. Valuation Rocket Lab Corporation